Econorisk Turns 24: Celebrating 24 Years of Trusted Insurance Broking
Celebrating 24 years of broking, we proudly reflect on the journey that has shaped us into the trusted short-term insurance brokerage we are today. A proudly South African company, we have grown alongside the evolving insurance landscape, overcoming challenges, embracing change, and continually striving to offer the highest level of expertise and service to our policyholders.
A Team of Superheroes
At the heart of our success is our solid team of over 140 dedicated professionals – our superheroes – who bring their expertise and passion for insurance to every client interaction. Short-term insurance is a complex and ever-changing industry, and our team is equipped with the necessary skills to navigate its intricacies. From underwriting to claims, we ensure our staff are highly trained and meet all regulatory and compliance requirements.
We believe a strong company culture and ongoing development are key to maintaining excellence. Our team’s ability to handle everything from conventional personal policies to highly complex commercial risks speaks to our commitment to being the best in the business.
“Econorisk’s success is built on the dedication and expertise of our team. We are proud to have created a brokerage that stands for trust, reliability, and excellence in short-term insurance. Looking ahead, we remain focused on growth, innovation, and ensuring that our clients always have access to the best insurance solutions available.” – Matthew van den Heuvel, Joint CEO.
Unmatched Market Access
One of the key advantages of working with Econorisk is our access to market-leading insurers. We have built strong relationships with top A-rated insurance providers and hold binder agreements that allow us to offer tailored cover specific to individual needs. Insurance is not a one-size-fits-all solution, and we take pride in crafting policies that align with our clients’ unique risk requirements.
Trusted Advice and Proven Reputation
Our highly skilled brokers take the time to understand each client’s specific risks and offer expert advice and guidance to ensure they have the right coverage. With a reputation built on trust, reliability, and compliance with regulatory standards, Econorisk is a brokerage that policyholders can depend on for sound advice, tailored solutions, and peace of mind.
A Changing Insurance Landscape
The past two decades have brought significant shifts in the South African insurance market. Highlighting the economic impacts of COVID-19 and major natural disasters, our industry has faced numerous challenges. We have seen periods of heightened risk and increased claims, as well as phases of market softening, with a recent reduction in motor and fire claims. The return of loadshedding, after a period of relief, serves as a reminder of how risks fluctuate and how crucial preparation, analysis, and protection are in managing uncertainties.
Econorisk has remained resilient, adapting to market changes and ensuring our clients are always protected against emerging risks.
Looking to the Future
As we mark this incredible 24-year milestone, we do so with immense pride in our accomplishments. We remain committed to staying at the forefront of the short-term insurance industry, continuously evolving to meet the needs of our clients in an ever-changing world.
“Reaching 24 years is a testament to the strength of our team and the relationships we have built with our clients, insurers, and suppliers. We are excited about the year ahead and will continue to uphold the highest standards in insurance broking, ensuring our clients receive expert guidance.” – Andrew Lilley, Joint CEO.
Thank you to our valued clients, partners, and team of superheroes for being part of our journey.